Usama Ahmed

• Act as in-charges on medium and complex engagements
• Coach junior staff on technical issues
• Responsible for planning, risk assessments, testing, and completion of audit engagements
• Design, perform, and review Test of Operating Effectiveness (TOE)
• Ensure proper documentation and review of engagements
• Preparing and reviewing final reports
• Maintain Client Relationship by focusing on quality and service excellence
• Attend mandatory technical training sessions

• Demonstrated proficiency in conducting audits for diverse clients across industries, ensuring precision and adherence to regulatory standards.
• Skillfully analyzed intricate financial processes to identify key components and operational dependencies.
• Conducted thorough risk assessments, evaluating control measures' effectiveness and proposing mitigation strategies.
• Executed detailed procedures to validate financial data accuracy and detect discrepancies.
• Maintained strict adherence to industry regulations and accounting principles, upholding the integrity of financial reporting.
• Guided and mentored junior auditors, fostering continuous learning and a culture of excellence within the audit team.
• Translated complex financial data into actionable insights, facilitating informed decision-making.
• Ensured the credibility of financial reporting through meticulous audits and adherence to ethical standards.

• Planning and designing auditing assignments and necessary tasks to be completed.
• Assigning roles to various members of the auditing team.
• Ensuring standards of quality and accuracy are maintained in audits and other financial reports.
• Meeting with management and stakeholders to discuss findings and audit outcomes.
• Developing strategies for junior auditors to improve their work outputs.
• Overseeing staff and acting as a middle-man for team needs and requirements.
• Assisting in the auditing process as and when required.
• Submitting audit findings and reports in a timely manner for further analysis by management.
• Remaining up to date with developments in relevant legislation and the field in general.
• Reporting auditing issues and assisting in resolving them

• Overall responsibility of performing audit procedures on financial statement captions, including obtaining understanding of the processes, identification of Risks and related internal controls for standalone external audits
• Complete audit procedures that obtain sufficient appropriate audit evidence with a focus on quality and in accordance with applicable auditing standards
• Exercise and document the approach to professional scepticism including robust challenge, consideration of alternatives and disconfirming evidence
• Participate in debrief sessions upon completion of and during projects to identify lessons learned and enhance future quality and planning
• Identify and document audit misstatements and assess these individually and cumulatively against materiality
• Coordinate with specialists on their work and assess the impact of findings on the audit
• Complete tasks and deliverables to a high quality standard as part of client engagements - working to an agreed plan, budget, and quality
• Demonstrating expertise in primary accounting framework (IFRS), related financial reporting matters and auditing standards (ISA)
• Have a clear understanding of the importance of the work being completed and how it contributes to the audit overall
• Identify and document risks, issues and conclusions - consulting with appropriate team members as necessary
• Escalate risks and issues beyond own experience or skill set
• Keep senior team members informed of significant developments and progress on the engagement

Process Understanding and Analysis:

• Gained comprehensive insights into intricate operational processes and their components.

Risk Identification and Control Assessment:

• Identified potential risks within processes and evaluated effectiveness of control measures.

Substantive Procedure Execution:

• Executed detailed procedures to verify accuracy of financial data and identify inconsistencies.

Workpaper Compilation and Documentation:

• Organized and documented audit workpapers, findings, and procedures systematically.